Fri.Nov 29, 2024

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Texas cities lead the way for medium-density housing growth

Housing Wire

New-home construction in the U.S. has focused on single-family and multifamily inventory growth to boost supply and affordability. But StorageCafe found that in 2023, most states overlooked one key solution to the affordability crisis: more inventory of “middle housing.” That revelation comes from a company report released earlier this week.

Inventory 327
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Why buyers are gravitating toward smaller homes

Real Estate News

As household composition shifts, builders look to the starter homes of yesteryear to deliver more practical, affordable single-family homes for today’s buyers.

Buyers 301
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Let capitalism cook: The case for repealing MLS clear cooperation rules

Housing Wire

The rational case for repealing MLS Clear Cooperation rules. Does cc work? Do I benefit from it? Would I like it to stay in place? Yes. Is it best for consumers, (who anti-trust laws are designed to protect?) It depends. Are we comparing it to Compass’ gamesmanship ushering in a worst-case scenario where buyers need to go through 20 brokerage websites to see all that’s available?

Brokerage 321
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How to avoid these 12 costly business traps

Inman

Building a real estate business? Bernice Ross offers the lowdown on these traps and pitfalls that can undermine your best-laid plans.

Business 160
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Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Reverse mortgage analysts weigh in on HECM limit for 2025

Housing Wire

The Federal Housing Administration (FHA) announced this week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. But reverse mortgage industry analysts who regularly cover developments in the space are split on whether the increase will make a material difference in the trajectory of the business in the new year. The HECM limit is unique when compared to FHA limits that govern Title II forward mortgage lending programs.

Mortgage 268

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Continued downward trend in agent mobility reflects ongoing challenges in real estate market

Housing Wire

Key observations from October • Continued decline in agent movement: The seasonally adjusted AMI metric for October dropped to 86.2, marking another decrease in agent mobility and continuing the downward trend observed in recent months.

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New Data Spells Out the Key Factors Driving Migration Trends

BiggerPockets

A new report from Redfin details why both homeowners and renters move in 2024.

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Canadian banks brace for economic headwinds in Q4 earnings

Mortgagebroker News

Regulatory fines and credit loss provisions are key factors shaping banks' outlook

74
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This Could Be Like Getting into Airbnb in 2012

BiggerPockets

While short-term rentals are seeing slowing demand, mid-term rentals are taking off (and fast).

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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Should the stress test be scrapped on all mortgage renewal switches?

Mortgagebroker News

The change should also have applied to non-federally regulated lenders, according to a top non-bank CEO

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Investor Purchases Remain Flat in Q3—Here’s How to Get Ahead of the Competition

BiggerPockets

Whether it was high interest rates, uncertainty about the election, or a lack of inventory, U.S.

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How prominent is home flipping in BC?

Mortgagebroker News

The practice can be a lucrative one – but is set to face a government crackdown in 2025

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Equity vs. Debt: Which Part of the Capital Stack is Right For You?

BiggerPockets

Most investors understand the importance of diversification—spreading investments across different markets, operators, and asset classes. But what happens if all your investments are equity-based?

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Should You Refinance Before Rates Drop Further? Key Considerations for 2024/2025

Eppraisal

With mortgage rates still elevated but showing signs of decline, many homeowners are wondering if they should refinance now or wait for even lower rates. Refinancing can offer savings on monthly payments, but waiting could provide better opportunities. This article explores the factors homeowners should consider to make the best refinancing decision in 2024/2025.

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How to Maximize Your Rental Income on a Single Property (Rookie Reply)

BiggerPockets

Are you leaving cash flow on the table?

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Mild Q3 economic growth gives green light for further rate cuts

Mortgagebroker News

The Canadian economy saw modest expansion in 2024's third quarter, paving the way for more Bank of Canada rate reductions

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Finance Friday: Middle-Class Trap on Steroids ($3.8M but CAN’T Retire!)

BiggerPockets

There’s a “middle-class trap” that can keep anyone from FIRE—yes, even high-income earners.

Finance 41
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Home renovations surge in Canada

Mortgagebroker News

Almost 50% of homeowners have completed, undertaken, or are considering home reno projects, poll shows

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An unwavering commitment to protecting Americans’ property rights

Housing Wire

The housing market had a tumultuous year marked by low inventory and high interest rates that pushed prices to record levels. Prospective first-time buyers are hoping it will turn around in 2025, and although there are some predictions that they could have an easier time getting into a home, much will depend upon the economic landscape and the policy priorities of a new Trump Administration and Congress.

Insurance 366
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10 Appraisal Myths

Appraisal Today

Newz: 10 Appraisal Myths, AMCs – Appraiser Ripoffs – Appraiser Selection Data and Junk Fees November 29, 2024 What’s in This Newsletter (In Order, Scroll Down) LIA – Intended Use and User Don’t Fall for These 10 Real Estate Appraisal Myths Extraordinary 4-Story Megamansion With Rooftop Putting Green and 2 Pools Lists for $78 Million Now What?

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With the NAR settlement approved, does the DOJ know what’s next?

Housing Wire

For the real estate industry, the past eight months of work culminated on Tuesday when Judge Stephen R. Bough granted final approval of the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement. Although many in the industry had their concerns heading into the Nov. 26 hearing, others were quite confident that this would be the outcome.

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Canada, US face 'severe' economic impact from Trump tariffs: report

Mortgagebroker News

Canadian GDP could drop by 2.

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In real estate news today: Trump, Musk, and the housing market’s future

Housing Wire

The recent announcement of Donald Trump hiring Elon Musk to co-lead a government efficiency initiative has sparked widespread discussion about its potential impact on industries across the board, including real estate. Lawrence Yun, Chief Economist of the National Association of Realtors , has weighed in on Musk’s focus on reducing government spending and its possible influence on mortgage rates.